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"OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth" presents the theoretical foundations to productivity measurement, and discusses implementation and measurement issues.

The measurement of consumption of fixed capital remains a key reason for capital measurement but two additional objectives have increasingly gained in importance: establishing balance sheets for economic sectors and measuring capital services for the analysis of production and productivity.

What's new

New OECD Compendium of Productivity Indicators is released

05/05/2014 - After the 2008 financial crisis, labour productivity growth has fallen significantly in most OECD countries and this decline is broadly spread across sectors. However, in a few countries, labour productivity growth seems to have picked up recently, albeit sometimes coupled with declines in output.

Findings presented in the OECD Compendium of Productivity Indicators 2015 shows that over the past 10 years, productivity growth was almost entirely driven by manufacturing and business sector services. In the case of manufacturing, this reflects the typically higher productivity growth rates. In the case of business sector services, the strong contribution also reveals its increasing share of overall activity.